Structure

question 25

Multiple Choice

Structure:

• A) lays out the route that the organization will take in the future.
• B) is the framework in which activities of employees are coordinated.
• C) are formal and informal procedures that govern every day activity.
• D) act as guiding parameters for strategic planning.

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Definitions:

Process Excellence

A philosophy or approach that emphasizes the need for continuous improvement and effectiveness in business processes.

Essential Elements

Fundamental components or aspects that are crucial for the completion or success of a process, project, or system.

Enterprise Resource Planning

Integrated management software systems that are used to collect, store, manage, and interpret data from various business activities, facilitating information sharing across the organization.

SCM

Supply Chain Management, the oversight of materials, information, and finances as they move from supplier to manufacturer to wholesaler to retailer to consumer.